According to @KobeissiLetter, US home delistings rose by 18,460 year over year (+28%) in September to 84,278, marking the highest September level since 2017, source: @KobeissiLetter. According to @KobeissiLetter, a home is considered delisted if it remains off the market for over 31 days without selling or going under contract, source: @KobeissiLetter. According to @KobeissiLetter, delistings have increased by 38,527 (+84%) over the last four years, source: @KobeissiLetter. According to @KobeissiLetter, delistings now represent 5.5% of all active listings, the highest September share since at least 2016, source: @KobeissiLetter. According to @KobeissiLetter, the typical delisted home sat on the market for 100 days before being pulled, source: @KobeissiLetter. According to @KobeissiLetter, these readings signal a frozen US housing market, source: @KobeissiLetter.

According to Moonshot’s analysis shared on Twitter on April 30, 2025, the current US housing market is experiencing reduced transaction volumes due to persistently high mortgage rates and tightening credit conditions (source: @moonshot). For traders and investors, this signals a potential period of price stagnation or mild declines, with REITs and homebuilder stocks facing downward pressure. Moonshot’s data suggests monitoring regional inventory levels and mortgage rate trends for actionable trading signals, as these factors are directly influencing short-term price movements and market sentiment.